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MeInGraySuit replied Apr 4, 2013With your win to loss ratio, what is your risk/reward ratio? As for me I use 15-20% margin (sometimes more) to achieve 5-10%/month. My risk reward is a 1:3 (example stop/loss 20pips, reward 60pips). Except for when I scalp I lower it to a 5% ratio ...
Trading EURUSD only
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MeInGraySuit replied Apr 4, 2013With your win to loss ratio, what is your risk/reward ratio? As for me I use 15-20% margin (sometimes more) to achieve 5-10%/month. My risk reward is a 1:3 (example stop/loss 20pips, reward 60pips)
Trading EURUSD only
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MeInGraySuit replied Apr 4, 2013Or what are you trying to achieve percentage wise?
Trading EURUSD only
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MeInGraySuit replied Apr 4, 2013That is great, I trade for a couple people on my LAMM account as well as for myself, I have one guy that wants me to be very agressive and the others are very conservative. The LAMM account is great for that. Sounds like you are more of a position ...
Trading EURUSD only
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MeInGraySuit replied Apr 4, 2013Yea first couple waves more corrective in nature, I should of seen that. Hopefully will get signs of more impulsive waves up, if not same of the old flat!
Trading EURUSD only
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MeInGraySuit replied Apr 4, 2013So far looking like the extended B wave zig zag
Trading EURUSD only
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MeInGraySuit replied Apr 4, 2013Had the -32pips last night, here is my change of thinking...
Trading EURUSD only
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MeInGraySuit replied Apr 4, 2013Me too, outta here getting late. Good luck everyone!
Trading EURUSD only
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MeInGraySuit replied Apr 4, 2013I think this is a fake down! Could be wrong...let see when London opens.
Trading EURUSD only
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MeInGraySuit replied Apr 4, 2013Yep, still hasn't broke any rules yet. Target has changed to .2903
Trading EURUSD only
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MeInGraySuit replied Apr 3, 2013Net @ .2838...4hour candle ending almost 50% FIb
Trading EURUSD only
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MeInGraySuit replied Apr 3, 2013Market starting to take profits and reverse positions...me thinks! Time to enter????
Trading EURUSD only